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MMT), the first reduction since 2015. This drop is caused by a mild winter and a reduced demand from the commercial power sector. Current low prices, combined with government incentives, are forecast to support the popularity of biomass for residential heating in 2024.

The Government of Peru recently approved a reconstruction plan called “Reconstruction with Changes” for S/. 25,655 million soles or $7.8 billion dollars.

USDA’s Foreign Agricultural Service (FAS) and the Southern Forest Products Association (SFPA) held a technical seminar to promote wood frame construction in Peru.

Italy is a leading European consumer of wood pellets (approximately 3 million metric tons per year), with domestic consumption representing 96 percent of total use.